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ChemGenex Pharmaceuticals

Australia
Ownership
Private
Development stage
Other
01

Overview

ChemGenex developed targeted oncology drugs, most notably omacetaxine mepesuccinate ("Omapro") for drug-resistant CML. The company's pivotal trial faced regulatory challenges regarding diagnostic testing and efficacy data. Its lead asset's US launch was delayed due to FDA concerns about trial design and patient selection. European rights to Omapro were licensed out in a deal worth up to $136 million. All major development programs have since been discontinued or are pending with no recent activity reported.

Therapeutic areas
Oncology
Modalities
Small moleculesTargeted therapies
Industry
Biotech
02

Partnerships

Licensed European/Middle East/Africa rights for Omapro in a deal worth up to $136 million as of late December prior to acquisition.

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